Price broke above 38375 daily region Price is looking to retest that region There is a three pin pattern on the 4h timeframe The 3 pin pattern has formed below two liquidity zones Price retested the 39430 region in the Asia session Momentum is too weak for now. Waiting for a solid entry that will make be sell to 39305.
Technical Analysis 1.There is Crossing of 20 EMA with the Trend 2. There is Break of Trend line 3.There is Divergence in RSI 4.There is Divergence in momentum 5.MACD line crossing the signal line
Price is falling towards a support level which is an overlap support and could potential bounce from this level to our take profit. Entry: 39,358.62 Why we like it: There is an overlap support level. Stop loss: 39,078.47 Why we like it: There is an overlap support level. Take profit: 40,012.33 Why we like it: There is a pullback resistance level. Please be...
The US30 has formed a compelling harmonic pattern, displaying a distinct W pattern that spurred the recent rally. The resistance established at the peak is pivotal, as we anticipate a reversal when the price reaches that level. This is also where we anticipate the completion of the right wing of the harmonic pattern.
Like, comment and share with your peers! Hi, With volume from NYSE opening, we may yet see another pump from US30. Expected entry area - 39546.25 Textbook SL 39513.56 Final TP 39699.50 Pay attention to TP 1 to 3 and risk accordingly. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford...
As stated in my previous post: The US30 seems to have formed an harmonic pattern, in this post I have labeled XABCD as well. I have started to enter some short trades on an average of 39683, trading CFD based on future pricing with no overnight interest, instead of spot CFDs that might require to pay overnight interest, makes a hell of a difference at...
US30 has broken out of the resistance level, which acts as an overlap resistance, and could potentially rise to our take profit target. Entry: 39,358.62 Why we like it: There is an overlap resistance level. Stop loss: 39,078.47 Why we like it: There is an overlap support level. Take profit: 40,012.33 Why we like it: There is a pullback resistance level.
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. ...
Hello every one As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary. Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle...
Hello everyone I am not surprised for this recent news regarding Israel and Iran political problems and start a new war but I am, it is better to say, that I hope this war will be a fake news to make the market a dip and this problem might be solved soon. A human do not like to make money from a war. If my estimate is correct so we will see a shallow correction...
📈🐂 Breaking News! 🐂📈 🚀 DOW JONES SOARS to New Heights! 🚀 The bulls are on an unstoppable rampage, smashing through key resistance levels like a hot knife through butter! 🔥💪 This week witnessed an impressive breakout, with the DOW JONES surging past another significant barrier with sheer bullish force. 📈💥 ✨ What's Next? ✨ With the bulls clearly flexing their...
The market moving pretty nicely and following our plan so far. Taken a few positions on this trade and got one more left seeing how far it'll go. Hope some of you guys managed to get onboard or at least LEARNED something. As always the market moves in ranges and our job is to follow the HTF and enter on the LTF. Will be interesting to see IF price wants to...
Looking to play this short on US 30 targeting the 3H FVG (blue box) Entry 39509 TP 39360 SL 39564 You can see how we are currently reacting around the 15min FVG (smaller blue box). The daily FVG (yellow box) is currently getting respected. IF we confirm the short move the 15min FVG will act as breakaway gap IF we fail to close lower we will resume trading...
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Nifty Finnifty bank Nifty Tuesday 14 May 2024 the trend in nifty is sideways to negative but if price is going to trade above 22400 more power to the Nifty will come and short term trend is going to change . Nifty showed recovery from important train line in past where price has taken demand or support many times and same thing happened today with a bullish...
mark up going into the week, big week ahead with lots of data and news coming out which always is a good time to drop the risk a little bit and be sure to be using a SL.. with these mark ups im not trying to predict or say that the market will 100% go to the desired levels or follow my lines and arrows 100%. simply just my reaction point levels so if price does...
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
We give attention to the highlighted area any price action we sell or buy. And moves the stop loss to the entry after 50 pips and close half trade